I am running a simple mediation model in a path analysis framework using Mplus.
The direct path in my model is grades (independent variable) predicting happiness (dependent variable). The indirect path is grades predicting happiness through self-esteem. All variables are continuous. There are 3 racial groups in my dataset: White, Black, and Latino. If I wanted to control for race, how would I do that? Would I just run 1 model with all the White participants, and 1 model with all the Black participants? And if I stratify the groups by race (assuming this is how I control for variables), does that mean I have less statistical power in each model?